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Creating Corporate Environment Where the Best Idea Does Win |
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By Vadim Kotelnikov, Founder, Ten3 BUSINESS e-COACH – Innovation Unlimited, 1000ventures.com
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"The further backward you look, the further ahead you see" – Winston Churchill |
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Though Nobody Argues... Though everybody agrees that the best idea should win, creating a corporate environment where the best idea – regardless of origin – does win is an art not yet mastered by most companies and it prevents them from thinking and moving faster than their competition.1 Case in Point GE "Use the brains of every worker," kept teaching Jack Welch, the former legendary CEO of General Electric (GE). "Make sure that it is the person with the best idea who wins. Reward and celebrate new ideas to encourage others to want contribute as well. Reward those who live the company's values, show "guts", and, in doing so, make the numbers." With Work-Out as part of its DNA, GE has become one of the most innovative, profitable, and admired companies on earth. At its core, Work-Out is a very simple concept based on the premise that those closest to the work know it best. When the ideas of those people, irrespective of their functions and job titles, are solicited and turned immediately into action, an unstoppable wave of creativity, energy, and productivity is unleashed throughout the organization. At GE, Work-Out "Town Meetings" gave the corporation access to an unlimited resource of imagination and energy of its talented employees.
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Inspirational Leadership: 10 Roles Inspirational leaders create an inspiring culture within their organization. They supply a shared vision and inspire people to achieve more than they may ever have dreamed possible. They are able to articulate a shared vision in a way that inspires others to act. People do what they have to do for a manager, they do their best for an inspirational leader... More Case in Point Google 10 Golden Rules Encourage creativity. Google engineers can spend up to 20 percent of their time on a project of their choice. There is, of course, an approval process and some oversight, but basically we want to allow creative people to be creative. One of our not-so-secret weapons is our ideas mailing list: a companywide suggestion box where people can post ideas ranging from parking procedures to the next killer app. The software allows for everyone to comment on and rate ideas, permitting the best ideas to percolate to the top... More
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Bibliography:
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"It's Not the Big that Eat the Small... It's the Fast that Eat the Slow", Jason Jennings and Laurence Haughton
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"The GE Work-Out", Dave Ulrich, Steve Kerr, Ron Ashkenas
